US wage growth edges up in February, fastest in San Francisco

US wage growth accelerated slightly in February, according to data from Glassdoor. The annual median base pay in the US grew 1.0% year over year in February to $51,975, up from the 0.6% revised pay growth in January. Pay growth peaked more than a year ago in January 2017 at a revised 3.4%.

Among the 10 metros tracked, wage growth was fastest in San Francisco, up 3.1% to $69,276, and Washington, DC, up 1.9% to $59,780. Houston, which saw slow to negative wages in 2017, was up 1.3% in February to $55,621. Chicago growth remained flat at $56,304.